Cost Structure
PLM2, PL67
What is a Product Line?
Accounting Finance Manual
AFM
Charge costs to other organization, reclass between accounts, correct cos allocations, etc
What is a cross charge?
KPI used to compare actual spend vs planned spend
What is Flash vs Actuals?
Outsourced Operations IT / Technology Services, Wages and Salaries
What is an Accounting Type Category? (CCOW / RCOW)
Is use by vendors to track record of a service expenses
What is a Purchase Order (PO)?
Bring budget from other organizations
What is a Flash up / Flash Down?
Consolidate elements for or from a service to get to know the potential cost
What is cost modeling?
Management Reporting Unit
What is an MRU? DDOs are G213 and G933
Information shared by vendors at end of each month
What is a prebilling cost?
Expenses planned at the begginnig of each fiscal year?
What is budget?
Organize expenses based on business operations
What is cost allocation?
All expenses related to an organization flows thru them
What are cost centers?
Data that shows the real expense of an organization
What are actuals?
Changes to budget month over month
What is flash?
4 letters code to identify a HP legal country entity
What is a company code?
An accounting method that records transactions when they occur rather than when the payments ara made or received
What is an Accrual?
Request prebilling from vendors, consolidate services cost, share information to stakeholders, perform transactions
What is the Quarter End Close?